Business
The S&P 500’s Record Bid Stalls Again Ahead of Fed Decision
The stock market pulled back once again on Monday after the S&P 500 neared its highest close on record.
The S&P 500 fell 0.4%. The Dow Jones Industrial Average dropped 216 points, or 0.5%. The Nasdaq Composite dropped 0.1%.
For the second trading day in a row, the S&P 500 moved within striking distance of its Oct. 28 closing high before losing steam. This time, it was selling in a majority of stocks and sectors that sent the market lower.
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